Hong Kong Securities and Futures Commission issues new warning against unlicensed cryptocurrency company MEXC-Zhen Huicha

Hong Kong Securities and Futures Commission issues new warning against unlicensed cryptocurrency company MEXC

2024-03-30 15:43:55

abstract：On March 15, the Hong Kong Securities and Futures Commission (SFC) issued an announcement warning the public to beware of a virtual asset trading platform called MEXC, with the website address https://www.mexc.com/. According to the announcement , MEXC is

On March 15, the Hong Kong Securities and Futures Commission (SFC) issued an announcement warning the public to beware of a virtual asset trading platform called MEXC, with the website address https://www.mexc.com/. According to the announcement , MEXC is actively promoting its services to Hong Kong investors, but the platform has neither been licensed by the China Securities Regulatory Commission nor applied for a virtual asset trading platform license from the China Securities Regulatory Commission.

Hong Kong Securities and Futures Commission issues new warning against unlicensed cryptocurrency company MEXC

This is the second warning issued by the SFC against MEXC. On February 9 this year, SFC issued a warning to MEXC for the first time. There were 8 relevant URLs exposed. Currently, some of these URLs cannot be opened, but some are still in operation.

Hong Kong Securities and Futures Commission issues new warning against unlicensed cryptocurrency company MEXC

The SFC pointed out that the above-mentioned company claimed to be an entity of a virtual asset trading platform and was suspected of operating the above-mentioned website to engage in fraudulent activities. The victim was asked to deposit funds into a designated bank account for investment purposes, but later reported difficulties in withdrawing funds.

In addition, regulatory agencies in South Korea, Japan, India and Germany also issued warnings about MEXC, asking investors to avoid risks.

Article Source：Forex website

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